The Double Dip Case and Business Valuations: Steneken v Steneken
August 2015
Many small business owners feel that they are being taxed twice, once with alimony and once when they sell half of their business. This is often referred to as the “double-dip” issue. However, if you understand how a business valuation is done, you will realize that is not the case. In this video, Robert A. Bonavito, CPA, a divorce accountant in New Jersey, explains how compensation is deducted, how it affects cash flow, and how alimony is paid.